November 2022 Work Progress Report: Zec And Erg... -

During November 2022, both Zcash (ZEC) and Ergo (ERG) hit critical development milestones focused on infrastructure, interoperability, and network efficiency. While the two projects are separate, they shared a focus on enhancing decentralized finance (DeFi) capabilities and wallet accessibility during this period.

: Ergo introduced Babel fees on November 28, allowing users to pay for transaction fees in native tokens other than ERG, which significantly increased network efficiency.

: ZCG distributed over 11,300 ZEC to support projects like the Zashi wallet and privacy analysis. November 2022 Work Progress Report: ZEC and ERG...

The Zcash Foundation and Community Grants program focused heavily on ecosystem expansion and long-term infrastructure stability.

Ergo achieved several "firsts" for its ecosystem in November 2022, primarily aimed at bridging with other blockchains and improving user experience. During November 2022, both Zcash (ZEC) and Ergo

: On-chain data during periods near these updates showed significant spikes in network usage, including a 1,300% rise in transaction volume compared to earlier averages. News - Ergo Platform

: The Zelcore wallet added support for ERG, allowing users to swap between ERGandcap E cap R cap G a n d FLUX through its Fusion feature. Market Context : ZCG distributed over 11,300 ZEC to support

: In late 2022, ZEC was noted for its independent momentum despite broader market volatility, with analysts highlighting its long-term potential due to low inflation and its Bitcoin-like halving mechanism .